New Wave. Base Power Raises $1B | EIP’s Mega Fund | Germany’s CCS Push
Brought to you by:
D-CRBN - a Belgian startup turning industrial CO₂ emissions into valuable feedstock using cutting-edge plasma technology. If you want to learn more, reach out directly to David Ziegler or Gill Scheltjens.
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🌊 This week on New Wave:
👉 Base Power’s $1B Series C
The fastest-growing energy startup in America raises $1 billion at a $3 billion pre-money valuation. Is this a pure execution play or a new model for distributed energy? And is vertical integration the new moat in climate?
👉 EIP’s $1.3B Growth Fund
Energy Impact Partners closes its largest vehicle yet, a $1.3 billion fund. But with few late-stage climate companies to back, where will all that capital go? And are specialist billion-dollar funds the new normal?
👉 Germany launches €6B decarbonization program
Germany launches an industrial decarbonization package that finally includes carbon capture and storage. Pragmatism or surrender? Are we entering the “capture era” of Europe’s energy transition?
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References:
Germany launches 6 billion euro industrial decarbonisation program
Base Power raises $1B to deploy home batteries everywhere
Energy Impact Partners Closes Latest Flagship Fund
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Wave Makers:
Julia Attwood - Sightline Climate
Hampus Jakobsson - Pale Blue Dot
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Chapters:
(00:00) Introduction
(01:26) Base Power raises $1B
(35:46) EIP closes a $1.3B fund
(47:09) Germany launches €6B decarbonization program
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